Flexible saving options for MERS participants and their spouse.

 How It Works

The MERS IRA is a tax-advantaged Individual Retirement Account for the exclusive benefit of current and former employees of MERS-partnered municipalities and their spouses.

The MERS IRA does not need to be adopted by the employer and is available to anyone currently or previously employed by a municipality that actively participates in a MERS retirement plan (Defined Benefit, Defined Contribution, or Hybrid) or the MERS 457 Program. Employees do not have to have participated directly in the above programs.

Payroll Deductions
You may opt to allow employees to make contributions to the MERS IRA via payroll deduction. Contact the MERS Service Center for details.

Participant Information
If you have questions about how to help your employees save more for their financial future with a MERS IRA, view the participant MERS IRA program page.

Quick Links

 Participant Program Page
(including Application request online form)

 MERS IRA Handbook (pdf)

 Fee Disclosure Statement (pdf)

Disclaimer: The information contained in this Web site is being made available as a public service. The information is not intended to constitute legal, tax, accounting or investment advice, or to replace official versions of that information. Benefit Estimates or Service Credit Purchase estimates requested through this Web site are not official descriptions of any benefits, and do not represent a promise by MERS to provide any benefit(s) to any person(s). No one can detrimentally rely upon the information provided in, or requested through this Web site. MERS reserves the right to correct any errors, and presents this information without warranties, express or implied, regarding the information's accuracy, timeliness or completeness. If you believe the information is inaccurate, out-of-date, or incomplete, or if you have problems accessing or reading the information, please call MERS at 800.767.MERS (6377).